Russian Energy Minister Alexander Novak said that Russia’s coal mining, deliveries to the domestic market and exports are falling in April amid lower global demand for energy. He said “Coal…
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Mechel reports selling Elga Coal Complex and completing restructuring process with state-controlled lender banks
Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports closing the deal on the sale of companies comprising Elga Coal Complex, and signing…
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Contura announces temporary operational changes
Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, announced temporary operational changes in response to market conditions, existing coal inventory levels, and recent customer deferrals due to concern…
Read MoreContura announces partial draw down of revolving credit facility
Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, announced the Company has drawn down $57.5 million in principal amount under its revolving credit facility as a proactive, precautionary…
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Weak coking coal prices bite into Arch’s profits
A challenging metallurgical coal market in 2019 drove US thermal and metallurgical coal producer Arch Coal’s profits down on-year. Read more at Weak coking coal prices bite into Arch’s profits.
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Severstal appoints Mr Nikolay Kigalov as GD of Vorkutaugol
Mr Nikolay Kigalov has been appointed General Director of Vorkutaugol JSC. Mr Sergey Likhopud, who has held this position since November 2016, has decided to continue his career outside Severstal….
Read MoreScott Vogel joins Contura board
Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, announced that Scott D. Vogel has been appointed to the company’s board of directors, effective December 20, 2019. Read more…
Read MoreIndia allocates coking coal mines to state firms
India’s coal ministry has allocated two coking coal mines, Rohne and Rabodih, to state-owned companies. The Jharkhand-based mines will add 10 million tonnes to India’s annual coking coal production. Read…
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Teck and CN announce significant rail shipping agreement
CN (TSX: CNR) (NYSE: CNI) and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations…
Read MoreIndia eyes Russian Far East coking coal
Petroleum & natural gas and steel minister Dharmendra Pradhan discussed with Russian representatives in New Delhi this week the possibility of India sourcing coking coal form Russia’s Far East. Read…
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